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February 2021 - The Alternative Board
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February 2021

PPP Loans

What You Need to Know About Second Draw Paycheck Protection Program Loans

By | Small Business

When the coronavirus pandemic hit the United States in early 2020, President Donald Trump and Congress acted quickly to establish Paycheck Protection Program loans (PPP loans) to make aid available to small business owners. However, the original PPP quickly ran out of money and had several flaws that meant small business owners didn’t always receive the emergency financial help they needed. One of the early…

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